a friend of mine wanted to invest some money with me in a property I bought, and I need to pay him back his money that he invested and also his share of the profit, I've never done that before, always invested on my own!

Perhaps I am overthinking, I do have some assets already I dont want to pay more taxes than I have already been paying 22% or more.  

Just pay me in knowledge and finance my next deal :) Curious to see the feedback here. https://www.redfin.com/SC/Mount-Pleasant/1509-W-Palmetto-For...

How would you structure your real estate investment when buying properties and where would you invest income that you want to go to your children where it could be mostly tax-free?

I've been getting a lot of different answers about what utilities landlords have to pay and which ones tenants can pay.1.

Basically, you'd have to pay tax even within the Ira if there is debt financing. personally, my plan is to provide debt financing to investors out of my self directed solo 401k! 

If you pay off your loan, your "return" on that cash is 8.5%. 

I do  have a good paying job that helps me pay my primary residence, but I like to plan for rainy days.My ultimate goal is have enough rental income to live off of, so I know conventional wisdom says I need to buy more rentals.

They pass away, and their three adult children inherit the property.

We have so much to learn and are excited to be apart of this community, to learn and grow, and hopefully be able to pass on knowledge in the future to our children or anyone wanting to get into the Real Estate business!